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v3.25.3

Insider Trading Arrangements | 3 Months Ended
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Sep. 30, 2025 shares
Trading Arrangements, by Individual |
Non-Rule 10b5-1 Arrangement Adopted | false
Rule 10b5-1 Arrangement Terminated | false
Non-Rule 10b5-1 Arrangement Terminated | false
Jonathan S. Bauer [Member] |
Trading Arrangements, by Individual |
Name | Jonathan S. Bauer
Title | Chief Investment Officer
Rule 10b5-1 Arrangement Adopted | true
Adoption Date | August 21, 2025
Expiration Date | July 31, 2026
Arrangement Duration | 344 days
Aggregate Available | 450
John P. Sauerland [Member] |
Trading Arrangements, by Individual |
Name | John P. Sauerland
Title | Vice President and Chief Financial Officer
Rule 10b5-1 Arrangement Adopted | true
Adoption Date | August 21, 2025
Expiration Date | November 28, 2025
Arrangement Duration | 99 days
Aggregate Available | 5,000
Officer Trading Arrangement [Member] |
Trading Arrangements, by Individual |
Material Terms of Trading Arrangement | During the third quarter 2025, certain executive officers entered into Rule 10b5-1 trading arrangements that are intended to satisfy the affirmative defense of Rule 10b5-1(c). Jonathan S. Bauer’s plan provides for the sale of all of the shares issued upon vesting for certain outstanding equity awards previously granted to Mr. Bauer, excluding any shares withheld by the company to satisfy tax withholding obligations (see our 2025 Proxy Statement for a description of the company’s equity compensation plans). In addition, both of the executive officers’ plans provide for the sale and/or gift of a certain amount of shares (see “Additional or Specified Shares” below) held by the applicable executive, that are not sold in connection with the vesting of an outstanding equity award (as described above), some of which may have been the result of a prior vesting event for the executive. Below are the details of each applicable Rule 10b5-1 trading arrangement:
Name | Title | Date Entered | Date Expires 1 | Additional or Specified Shares
Jonathan S. Bauer | Chief Investment Officer | August 21, 2025 | July 31, 2026 | 450 |
John P. Sauerland | Vice President and Chief Financial Officer | August 21, 2025 | November 28, 2025 | 5,000 |
1 Subject to the plan’s earlier expiration or completion in accordance with its terms.

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